International Paper reports solid earnings despite continued Russian venture
Memphis-based International Paper reported first-quarter earnings of $288 million on Thursday, April 28. That was up compared to the $198 million it declared for the same period in 2021. (Mark Weber/The Daily Memphian file)
Despite the solid earnings, the first quarter presented unique challenges for IP including the surge of the omicron variant and geopolitical consequences of continuing operations in Russia.
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International Paper Co. Ilim Group Mark Sutton earningsRob Moore
Rob Moore is an Arkansas native who moved to Memphis to attend the University of Memphis. He holds a B.A. and an M.A. in English. He covers Public Companies, Transportation and Logistics, and Banking and Finance.
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